Atlantic Power & Infrastructure Corp. (AWSL)

[asdfu099]

Why would anyone expect a positive net book value? This company has been around since 1977 with years of losses before being taken over by Atlantic.

These historic losses will help shelter profits going forward and are very valuable that way.

There are not many common shareholders that are still under water as most have sold out over time and there has been no promotion to get new shareholders since early 2010.

As for Preferred shares they were purchased by management who also owns plenty of common shares so I rest a little easier knowing they will keep working on making there investment turn a great profit.

Most start up's are dead before year 3 to 5. AWSL on the other hand just started getting better in year 3 and has been doubling sales annually since and has become profitable. This says a lot!